US Weekly is reporting that the newly engaged Ashlee Simpson and Pete Wentz might have some more news to share with us…she is pregnant. Her rep had this to say, "We are thrilled to confirm their engagement and congratulate this happy couple. Beyond that there is nothing to say."

That picture was taken two weeks ago and I don't see a baby bump, so who knows?

But if she is, I guess that is another thing that Ashlee will beat Jessica Simpson to, she already beat her to having a #1 album twice!

UPDATE: Pete Wentz denied that he is going to be a daddy to MTV News in an E-Mail.

"There is a witch hunt for people to be pregnant whenever they get engaged in Hollywood," he wrote. "This is all news to me. I can't wait for the story about how I'm really in a gay relationship and this is all just a cover. … I mean really, this is crazy. … I mean we're engaged, that's true, and happy about it."

Asked again if he was denying reports that Simpson is pregnant, Wentz, 28, replied, "Yeah."